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Insert Format Tools Add-ons Help Last edit was 14 minutes ago 100% Normal text Arial 12 + BIVA G E DE EE Inl IMI 2

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Insert Format Tools Add-ons Help Last edit was 14 minutes ago 100% Normal text Arial 12 + BIVA G E DE EE Inl IMI 2 3 On March 31, 2020. Taggert Company had a cash balance per books of $5,174.20. The bank statement from Citizens Bank on that date showed a balance of $6,041.40. A comparison of the statement with the Cash account revealed the following facts. 1. The bank service charge for March was $28. 2. The bank collected $2,095.00 for Taggert Company on March 15. 3. The March 31 receipts of $1,481.60 were not included in the bank deposits for March. These receipts were deposited by the company in a night deposit vault on March 31. 4. Company check No. 1245 issued to T. Gilroy, a creditor, for $672 that cleared the bank in March was incorrectly entered in the cash payments journal on March 8 for $627 5. Checks outstanding on March 31 totaled $1,360.00. 6. On March 31 the bank statement showed an NSF charge of $1.033.20 for a check received by the company from R. Fross, a customer, on account Instructions: (a) Prepare the bank reconciliation as of March 31. (6) Prepare the necessary adjusting entries at March 31. signment #6-SV DO sert Format Tools Add-ons Help Last edit was 14 minutes ago Normal text Arial - 12 + BIU A luli 15 1 2 3 5 Taggert Company Bank Reconciliation - March 2020 Balance per Book: Add: Balance per Bank: Add: Deduct: Deduct: Adjusted Bank Balance Adjusted Book Balance General Journal Date Account Titles and Explanation Ref Debit Credit ment #6-SV Format Tools Add-ons Help Last edit was 14 minutes ago Arial 12 Normal text + = 15 BI UAE 2 3 5 6 Adjusted Bank Balance Adjusted Book Balance General Journal Date Account Titles and Explanation Ref Debit Credit 3

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